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Compensation bill - Ready to go

The Compensation Bill bypassed the House of Commons to receive its first reading in the House of Lords last week. Guy Anker reports on the unanswered questions still arising from the draft

After months of anticipation, the Compensation Bill, which sets out the twin aims of regulating claims management companies and modifying the negligence laws, got its first reading in parliament last

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FCA vows to keep pressure on premium finance APRs

The Financial Conduct Authority has said it will “continue to put pressure” on companies offering premium finance in a bid to continue lowering annual percentage rates after revealing the impact its enforcement action has had so far.

FCA’s Knight insists CPD changes are not a relaxation

The Financial Conduct Authority’s decision to ditch its 15-hour-per-year continuing professional development requirement for insurers should not be viewed as a relaxation of standards, according to the regulator’s director of insurance, Chris Knight.

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